Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.031%
Price spread now: Binance against Orderly+0.074%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.074% dearer against Orderly than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_WOO_USDC | 0.01278 | 0.0081 | pay 0.0081% / 8h | 1h 59m | $27K | $5K | 10x |
| Short | Binance WOOUSDT | 0.01279 | 0.0100 | get 0.0100% / 8h | 1h 59m | $1.5M | $2.6M | 50x |
Orderly PERP_WOO_USDC
Binance WOOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.03
- Price spread: +0.074% → 0.000%
- $7.43
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$4.53
- Costs to cover
- 0.160%
- Break-even
- 14.9 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 5 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 3.91 bp | 25.1 bp −$25 | 126.0 bp −$1,260 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
WOO on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX WOO-USD | 0.0000% | 1h | 0.01277 | −0.096% | $716 | — | 10x | as long as short |
| Orderly PERP_WOO_USDClong | +0.0081% | 8h | 0.01278 | long leg | $27K | $5K | 10x | |
| Binance WOOUSDTshort | +0.0100% | 8h | 0.01279 | +0.074% | $1.5M | $2.6M | 50x | |
| Bybit WOOUSDT | +0.0100% | 8h | 0.01278 | 0.000% | $1.2M | $458K | 50x | as long as short |
| OKX WOO-USDT-SWAP | +0.0100% | 8h | 0.01279 | +0.078% | $207K | $343K | 10x | as long as short |
| Gate WOO_USDT | +0.0100% | 8h | 0.01277 | −0.078% | $92K | $78K | 25x | as long as short |
| MEXC WOO_USDT | +0.0100% | 8h | 0.01278 | 0.000% | $666K | $301K | 200x | as long as short |
| KuCoin WOOUSDTM | +0.0100% | 8h | 0.01281 | +0.235% | $158K | $47K | 50x | as long as short |
| Bitget WOOUSDT | +0.0100% | 8h | 0.01278 | 0.000% | $209K | $85K | 5x | as long as short |
| BingX WOO-USDT | +0.0100% | 8h | 0.01278 | 0.000% | — | $2.3M | — | as long as short |
dYdX WOO-USD
Bybit WOOUSDT
OKX WOO-USDT-SWAP
Gate WOO_USDT
MEXC WOO_USDT
KuCoin WOOUSDTM
Bitget WOOUSDT
BingX WOO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WOO | +0.0100% | 8h | 0.01278 | −0.018% | $2K | $869 | — | as long as short |
| BloFin WOO-USDT | +0.0128% | 8h | 0.01277 | −0.078% | $72K | $31K | 50x | as long as short |
Variational Omni WOO
BloFin WOO-USDT